BISHKEK (TCA) — The introduction of a single currency within the Eurasian Economic Union (EEU) without risks for Kyrgyzstan will be possible in some 20-25 years. An earlier introduction would entail a risk of insolvency and bankruptcy of the country’s banking sector participants, which would result in social instability, Kyrgyz expert Marat Sultanov said at a conference devoted to 25th anniversary of the National Bank of the Kyrgyz Republic (NBKR).

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TASHKENT (TCA) — There is a large number of Uzbek labor migrants in Russia who are supporting Uzbekistan’s economy by sending money they earn back home. Now, their life and work in Russia would become easier. We are republishing this article on the issue, originally published by EurasiaNet.org:

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DUSHANBE (TCA) — Tajikistan’s economic growth is forecast to moderate in 2017, reflecting losses in the banking sector and weak remittances, says a new Asian Development Bank (ADB) report.

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ALMATY (TCA) — An Italian delegation of managers of large Italian companies Carmet, Brio, Longo, Infortrade Srls, and Infortrade has arrived in the Almaty region to discuss business projects in the region, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on April 6.

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ASTANA (TCA) — A Kazakh government delegation headed by Deputy Prime Minister, Minister of Agriculture Askar Myrzakhmetov arrived in Israel to attract Israeli investments in Kazakhstan’s agribusiness, the official website of the Prime Minister of Kazakhstan reported on April 6.

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ASHGABAT (TCA) — The official Neutral Turkmenistan newspaper on April 6 reported that Turkmenistan President Gurbanguly Berdymukhammedov has fired Yashigeldy Kakaev, the deputy prime minister for energy, for “weak control” of the country’s oil and gas sector.

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